Springfield daily republic. [volume] (Springfield, O. [Ohio]) 1887-1888, 1887-03-07

Commodore Vanderbilt. Check for a
Miilion-Jay Could Makes a Bit Of
Note Paper Worth $4,000. .OOO-A Check
for Sia. 900. 900.
The framing of two checks and their ap-
pearance on the walls of President Depew 5
office IN the Grand Central station has set
people to talking and writing about the big
checks that have been drawn in this country
One Of these checks was for 81 ,aOO, 900 and it
was drawn by Cornelius Vanderbilt The
other one, for $6,eo0,aa0, was drawn by his
non, William H. Vanderbilt. and many peo-
PIE thought the latter a check for as large an
amount as was ever signed in this country.
IL does not require very large piece of
paper 10 get pot Of money out of bank,
any more than it requires the ingenious
Chirography of a Spinner to make a green
back good. The awkward scroll, which no
one would ever make out as jay Gould. is
Just a. good on sheet of note paper as if the
check was beautifully engraved, then made
out with black and red ink, countersigned,
punched and stamped.
THE OLD COMMODORE.
Tho New York Central checks. by the
way. have ON their face a handsomely en-
gravel portrait on steel Of the old COM
mC.iorn and they b,ye taken m,nv mi,l;ops
of money ont of the t,bam,c,I N,,;o,o,
b,nE Tho ,,,o,ay tho. ,ha,, r,,,3 Ill o..
has also rop,rihu,sd largs,y 10 ,b. L,,J
some ,,ntits of . hank thu, With o,I, S.,.o
600 ,ani,,J has d.ros,s of tiftv ,ir,as ,s r,,,cb
snd p,ys its Stockholders 100 nor capt nor an
,up, W, that ,s only , ,r,n oy.r . no., c.,,.
,,er spruu nm tho uarle, vsIua of RI. s,o,.L
Prol>hIy Law Gnld has drawn mora aud
Iarcer ,h.ck, than o,v other indy; ;dpal ax-
cent ,erhnps IN. treasurer of the Tinted
states ar .,me Of the suh ,r.asurers MANY
rap,ep,l.r rho assv o,r hand m,rr.r !, ,hi,,
he testified about drawing checks for sub
scription To the American Cable company
he could not remember whether it was for
$500. 600 or SlO.OO0,U0O. Another Of Mr..
Gould'S bIg checks was that which he drew
in payment for Col Scott's interest in the
Texas and Pacific-all his stock and all the
bonds which he held The fate
of the company was uncertain when Mr.
Gould started for Philadelphia The poll
cies OF the two men were radically differ
-nt. Mr. Gould said that all he wanted to
run a road was general manager and boy,
and Col. Scott said that no road could be nun
IN that way, true economy required a thor
nugh organization and competent managers,
us well as employees. On that they disagreed.
and Col. Scott, broken down and tired. gave
up the ambition of his life He had already
made James F. Scott assistant to the presi-
dent of the Texas and Pacific, and be had
hoped TO leave him that part of a great
through tranScontinental line working in
close alliance with the Pennsylvania system.
He found the battle too hot, and when he had
come to terms Mr.. Gould took a sheet of plain
notepaper and wrote upon it "A check on the
Fourth National bank of this city for little
more than 81, 1000
CHECK FOR sl4 100000.
The biggest check ever drawn in the United
States was that given by John ID TayIor.
now dead. but then treasurer of the Pennsyl.
yanis railroad. to Lee. Hipripson S Co of
Boston, in pavment for the Boston stock in
the PhiIadelphia, Wilmington and Baltimore
road. About $40, ,oO0. 900 of it was owned in
Boston. Nathaniel Taylor WAS the largest
and he had agreed 10 deliver Ia
Jay Gould enough TO give him a controIlin,
interest and enable him To bring the road into
harmony with the Jersey Central. and then
dispose Of the two as though, best But Mr.
Thayer was in his old age. and he was unable
Ia fulfill the contract. Enough got out 10
put the Pennsylvania people on their guard,
and their representatives met tho Boston
haakers in this CITY and never adjourned
until the papers were drawn I'D by which
they agreed to deliver a ma iority Of the
stock in the road at I40 on the dollar, which
was about 10 per cent. more than they had
ever ls.n able to sell it at. all the individual
being allowed to come and sell
their stock at tha. figure. They brought it
to the Boston bankers and on the LIST ,iay of